Dimensional Fund Advisors LP Purchases 57,794 Shares of Burlington Stores, Inc. (NYSE:BURL)

Dimensional Fund Advisors LP boosted its stake in shares of Burlington Stores, Inc. (NYSE:BURL - Free Report) by 9.5% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 668,283 shares of the company's stock after buying an additional 57,794 shares during the quarter. Dimensional Fund Advisors LP owned approximately 1.05% of Burlington Stores worth $190,504,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in BURL. IFP Advisors Inc grew its stake in shares of Burlington Stores by 81.6% during the 4th quarter. IFP Advisors Inc now owns 89 shares of the company's stock worth $25,000 after acquiring an additional 40 shares during the period. Fortitude Family Office LLC raised its position in shares of Burlington Stores by 148.6% in the fourth quarter. Fortitude Family Office LLC now owns 92 shares of the company's stock valued at $26,000 after purchasing an additional 55 shares during the period. Stonebridge Financial Group LLC purchased a new stake in shares of Burlington Stores during the 4th quarter valued at approximately $31,000. Farther Finance Advisors LLC boosted its holdings in Burlington Stores by 104.5% in the 4th quarter. Farther Finance Advisors LLC now owns 135 shares of the company's stock worth $38,000 after buying an additional 69 shares during the period. Finally, Parkside Financial Bank & Trust boosted its holdings in Burlington Stores by 157.1% in the 4th quarter. Parkside Financial Bank & Trust now owns 144 shares of the company's stock worth $41,000 after buying an additional 88 shares during the period.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. UBS Group increased their target price on Burlington Stores from $360.00 to $405.00 and gave the stock a "buy" rating in a research report on Friday, March 7th. Robert W. Baird increased their price objective on Burlington Stores from $330.00 to $335.00 and gave the stock an "outperform" rating in a report on Friday, March 7th. Morgan Stanley upped their price target on Burlington Stores from $296.00 to $297.00 and gave the company an "overweight" rating in a research report on Friday, March 7th. Citigroup reduced their price objective on shares of Burlington Stores from $344.00 to $340.00 and set a "buy" rating for the company in a research note on Friday, March 7th. Finally, Telsey Advisory Group reissued an "outperform" rating and set a $340.00 price objective on shares of Burlington Stores in a research note on Thursday, March 6th. One research analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $323.13.

Burlington Stores Trading Up 0.9 %

Burlington Stores stock traded up $2.07 during trading hours on Friday, reaching $223.06. The stock had a trading volume of 910,214 shares, compared to its average volume of 979,767. The stock has a market cap of $14.05 billion, a PE ratio of 30.56, a PEG ratio of 1.11 and a beta of 1.65. The company has a fifty day simple moving average of $236.12 and a 200-day simple moving average of $261.05. The company has a debt-to-equity ratio of 1.35, a current ratio of 1.17 and a quick ratio of 0.54. Burlington Stores, Inc. has a 52 week low of $175.30 and a 52 week high of $298.89.

Burlington Stores (NYSE:BURL - Get Free Report) last announced its quarterly earnings results on Thursday, March 6th. The company reported $4.07 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.75 by $0.32. Burlington Stores had a return on equity of 47.52% and a net margin of 4.49%. The company had revenue of $3.28 billion for the quarter, compared to the consensus estimate of $3.25 billion. Analysts forecast that Burlington Stores, Inc. will post 7.93 EPS for the current fiscal year.

Insider Activity at Burlington Stores

In other Burlington Stores news, CMO Jennifer Vecchio sold 4,939 shares of the business's stock in a transaction on Thursday, March 20th. The shares were sold at an average price of $239.94, for a total transaction of $1,185,063.66. Following the transaction, the chief marketing officer now directly owns 70,006 shares of the company's stock, valued at approximately $16,797,239.64. The trade was a 6.59 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.10% of the stock is owned by corporate insiders.

Burlington Stores Company Profile

Burlington Stores, Inc operates as a retailer of branded merchandise in the United States. The company provides fashion-focused merchandise, including women's ready-to-wear apparel, menswear, youth apparel, footwear, accessories, toys, gifts, and coats, as well as baby, home, and beauty products.